IRIS Accounts Production v23.3.1.45 04121501 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041215012022-12-31041215012023-12-31041215012023-01-012023-12-31041215012021-12-31041215012022-01-012022-12-31041215012022-12-3104121501ns10:Originalns15:EnglandWales2023-01-012023-12-3104121501ns14:PoundSterlingns10:Original2023-01-012023-12-3104121501ns10:Originalns10:Director12023-01-012023-12-3104121501ns10:Original2023-01-012023-12-3104121501ns10:Original2023-12-3104121501ns10:Originalns10:PrivateLimitedCompanyLtd2023-01-012023-12-3104121501ns10:Originalns10:SmallEntities2023-01-012023-12-3104121501ns10:Originalns10:AuditExemptWithAccountantsReport2023-01-012023-12-3104121501ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104121501ns10:SmallCompaniesRegimeForAccountsns10:Original2023-01-012023-12-3104121501ns10:Originalns10:FullAccounts2023-01-012023-12-3104121501ns10:Originalns10:Director22023-01-012023-12-3104121501ns10:Originalns10:Director32023-01-012023-12-3104121501ns10:Originalns10:RegisteredOffice2023-01-012023-12-3104121501ns10:Original2022-12-3104121501ns10:Originalns5:CurrentFinancialInstruments2023-12-3104121501ns10:Originalns5:CurrentFinancialInstruments2022-12-3104121501ns5:ShareCapitalns10:Original2023-12-3104121501ns5:ShareCapitalns10:Original2022-12-3104121501ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-12-3104121501ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3104121501ns10:Originalns5:FurnitureFittings2023-01-012023-12-3104121501ns10:Originalns5:ComputerEquipment2023-01-012023-12-3104121501ns10:Original2022-01-012022-12-3104121501ns10:Originalns5:FurnitureFittings2022-12-3104121501ns10:Originalns5:ComputerEquipment2022-12-3104121501ns10:Original2022-12-3104121501ns10:Originalns5:FurnitureFittings2023-12-3104121501ns10:Originalns5:ComputerEquipment2023-12-3104121501ns10:Originalns5:FurnitureFittings2022-12-3104121501ns10:Originalns5:ComputerEquipment2022-12-3104121501ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3104121501ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 04121501 (England and Wales)















Digital Origin Solutions Ltd

Unaudited Financial Statements for the Year Ended 31 December 2023






Digital Origin Solutions Ltd (Registered number: 04121501)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


Digital Origin Solutions Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: J J Evans
R Sweetlove
I F N Evans





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
MK18 1HD





REGISTERED NUMBER: 04121501 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Digital Origin Solutions Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Digital Origin Solutions Ltd for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Digital Origin Solutions Ltd, as a body, in accordance with the terms of our engagement letter dated 1 June 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Digital Origin Solutions Ltd and state those matters that we have agreed to state to the Board of Directors of Digital Origin Solutions Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Digital Origin Solutions Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Digital Origin Solutions Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Digital Origin Solutions Ltd. You consider that Digital Origin Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Digital Origin Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


21 February 2024

Digital Origin Solutions Ltd (Registered number: 04121501)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,026 24,564

CURRENT ASSETS
Stocks 34,028 12,806
Debtors 5 389,651 225,380
Cash at bank 886,595 485,966
1,310,274 724,152
CREDITORS
Amounts falling due within one year 6 764,572 431,745
NET CURRENT ASSETS 545,702 292,407
TOTAL ASSETS LESS CURRENT
LIABILITIES

578,728

316,971

PROVISIONS FOR LIABILITIES 6,275 4,667
NET ASSETS 572,453 312,304

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 571,453 311,304
572,453 312,304

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Digital Origin Solutions Ltd (Registered number: 04121501)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2024 and were signed on its behalf by:





J J Evans - Director


Digital Origin Solutions Ltd (Registered number: 04121501)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Digital Origin Solutions Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Digital Origin Solutions Ltd (Registered number: 04121501)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 27 (2022 - 17 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023 28,950 57,724 86,674
Additions 5,304 19,244 24,548
At 31 December 2023 34,254 76,968 111,222
DEPRECIATION
At 1 January 2023 22,519 39,591 62,110
Charge for year 3,670 12,416 16,086
At 31 December 2023 26,189 52,007 78,196
NET BOOK VALUE
At 31 December 2023 8,065 24,961 33,026
At 31 December 2022 6,431 18,133 24,564

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 256,186 170,629
Other debtors 133,465 54,751
389,651 225,380

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 301,316 200,462
Taxation and social security 337,963 101,174
Other creditors 125,293 130,109
764,572 431,745

7. ULTIMATE CONTROLLING PARTY

The company is controlled by Digital Origin Holdings Ltd, who owns 100% of the share capital.